Common use of The Subsidiary Guarantees Clause in Contracts

The Subsidiary Guarantees. Subject to the provisions of this Article, by executing a supplemental indenture in the form of Exhibit B, each Subsidiary Guarantor will thereby irrevocably and unconditionally guarantee, jointly and severally, on an unsecured basis, the full and punctual payment (whether at Stated Maturity, upon redemption, purchase pursuant to a Change of Control Offer, Asset Sale Offer or acceleration, or otherwise) of the principal of, premium, if any, and interest on, and all other amounts payable under, each Note, and the full and punctual payment of all other amounts payable by the Company under the Indenture. Upon failure by the Company to pay punctually any such amount, each Subsidiary Guarantor shall forthwith on demand pay the amount not so paid at the place and in the manner specified in the Indenture.

The Subsidiary Guarantees. Subject to the provisions of this Article, by executing this Indenture or a supplemental indenture in the form of Exhibit B, each Subsidiary Guarantor will thereby irrevocably and unconditionally guarantee, jointly and severally, on an unsecured basis, the full and punctual payment (whether at Stated Maturity, upon redemption, purchase pursuant to a Change of Control Offer, Asset Sale Offer or acceleration, or otherwise) of the principal of, premium, if any, and interest on, and all other amounts payable under, each Note, and the full and punctual payment of all other amounts payable by the Company under the Indenture. Upon failure by the Company to pay punctually any such amount, each Subsidiary Guarantor shall forthwith on demand pay the amount not so paid at the place and in the manner specified in the Indenture.